Scam Alert: Victim Loses $4.4 Million in LINK Tokens to Phishing Attack - How to Protect Your Crypto!

In a recent phishing incident, a victim lost $4.4 million in LINK tokens from an address starting with 0xea696. The attack involved the victim unwittingly signing an 'increaseAllowance' transaction, resulting in substantial losses. This serves as a reminder of the importance of vigilance and caution when dealing with cryptocurrency transactions and ensuring the authenticity of requests before authorising any actions. Users should remain cautious of phishing attempts and verify the legitimacy of transactions to protect their digital assets.